Racing Surfaces Testing Laboratory FY2024 filing

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The Racing Surfaces Testing Laboratory is a non-profit (501c3) organization that coordinates and performs Testing of Surfaces primarily for the thoroughbred Racing industry. Testing includes all types of Surfaces used in horse Racing as well as other equine sports. Testing is performed on racetrack Surfaces and is based on standard test methods. This data is shared with racetracks within regions and with appropriate regulatory authorities and contributes to the epidemiological models which are intended to reduce risks to the horse and rider.fully documented procedures for all tests and novel equipment developed by Racing Surfaces Testing Laboratory are in the public domain with international standard Testing used where appropriate.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 26-4632727) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $155K a year · 15% of revenue · last 6 filings
A surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
5.6 mo
of spending, in cash
5.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $100K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$68K
5% of total assets
Liabilities are 5% of assets.
Pt X · Ln 26
Independent board members
10
of 10 voting members
10 of 10 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.3M
+32% vs prior year
Spent
$1.1M
To programs
100%
Net assets
$1.2M
By yearFY2020–FY2025
Revenue
$1.3M
FY2024▲ +32%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$498K
FY2022$680K
FY2023$1.0M
FY2024$1.3M
FY2025$1.3M
Expenses
$1.1M
FY2024▲ +21%
Tap a bar for its year
Expenses by fiscal year
FY2020$529K
FY2021$481K
FY2022$753K
FY2023$939K
FY2024$1.1M
FY2025$1.3M
Net assets
$1.2M
FY2024▲ +19%
Tap a bar for its year
Net assets by fiscal year
FY2020$982K
FY2021$999K
FY2022$926K
FY2023$980K
FY2024$1.2M
FY2025$1.2M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $1.1M

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
Vice President
$0Pt VII · Sec A
Executive Vice President
$0Pt VII · Sec A
Chief Operating Officer
$0Pt VII · Sec A
Executive Vice President
$0Pt VII · Sec A
Associate Vice President O
$0Pt VII · Sec A
Director of Racing Surface
$0Pt VII · Sec A
Director of Orthopaedic Re
$0Pt VII · Sec A
Director of Racetrack Safe
$0Pt VII · Sec A

Branden Brookfield’s $117K as Onsite Testing Manager is at the 45th percentile of top reported officer pay among 1842 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Racing Surfaces Testing Laboratory executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Racing Surfaces Testing Laboratory is a recreation and sports nonprofit based in Lexington, KY, formed in 2009.

Questions for Racing Surfaces Testing Laboratory

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1 program · $1.1M · in their own filed words · FY2024
01

Racetrack testing

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 26-4632727) · Dispute this line
$1.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$100K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Fees for servicesLn 2g$1.3M
Other incomeLn 4–11$290
Investment incomeLn 3$54
Money outPt IX
$1.1M
Ln 25
Programscol B$1.1M
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$535K
Total assetsLn 16$1.2M
LiabilitiesLn 26$68K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.3M
Investment incomeLn 3$54
Other incomeLn 4–11$290
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$270K
SavingsLn 2$265K
Cash and savings togetherLn 1–2$535K
Accounts receivableLn 4$417K
Land, buildings, equipmentLn 10c$274K
Other assetsLn 15$11K
Total assetsLn 16$1.2M
LiabilitiesLn 26$68K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 513
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$303K$535K
Land, buildings, equipmentLn 10c$331K$274K
Total assetsLn 16$1.0M$1.2M
LiabilitiesLn 26$68K$68K
Net assetsLn 32$980K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$367K$367K
Pension plan contributionsLn 8$14K$14K
Other employee benefitsLn 9$12K$12K
Payroll taxesLn 10$30K$30K
Management feesLn 11a$9K$9K
Legal feesLn 11b$444$444
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$10K$10K
TravelLn 17$139K$139K
Depreciation, depletion and amortizationLn 22$121K$121K
InsuranceLn 23$48K$48K
Other expenses (24a–d)Ln 24$284K$284K
All other expensesLn 24e$103K$103K
Total functional expensesLn 25$1.1M$1.1M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 14, 2026 $1.3M$1.3M$21K$1.2M 990 PDF
FY2024 ViewingFiled with the IRS May 14, 2025 $1.3M$1.1M$188K$1.2M 990 PDF
FY2023Filed with the IRS Aug 7, 2024 $1.0M$939K$67K$980K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $680K$753K−$73K$926K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $498K$481K$17K$999K 990 PDF
FY2020Filed with the IRS Nov 12, 2021 $1.2M$529K$710K$982K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $1,327,309 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $18,500$0
I-9 Program service revenuePrior year $987,424$1,326,965
I-10 Investment incomePrior year $30$54
I-11 Other revenuePrior year $150$290
I-12 Total revenuePrior year $1,006,104$1,327,309
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $365,335$422,849
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $574,022$716,555
I-18 Total expensesPrior year $939,357$1,139,404
I-19 Revenue less expensesPrior year $66,747$187,905
Part VI · Governance 10 of 10 board members independent, 2 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,327,309 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,326,965$1,326,965
VIII-3 Investment incomeRelated to mission $54$54
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $290$290
VIII-12 Total revenueRelated to mission $1,327,309 · Unrelated business $0 · Excluded from tax $0$1,327,309
Part IX · Statement of functional expenses $1,139,404 across 13 lines filed
IX-7 Other salaries and wagesPrograms $366,726$366,726
IX-8 Pension plan contributionsPrograms $13,927$13,927
IX-9 Other employee benefitsPrograms $12,277$12,277
IX-10 Payroll taxesPrograms $29,919$29,919
IX-11a Management feesPrograms $8,964$8,964
IX-11b Legal feesPrograms $444$444
IX-12 Advertising and promotionPrograms $1,330$1,330
IX-13 Office expensesPrograms $10,352$10,352
IX-17 TravelPrograms $138,861$138,861
IX-22 Depreciation, depletion and amortizationPrograms $121,304$121,304
IX-23 InsurancePrograms $48,359$48,359
IX-24 Other expenses (24a–d)Programs $284,385$284,385
IX-24e All other expensesPrograms $102,556$102,556
IX-25 Total functional expensesPrograms $1,139,404 · Management $0 · Fundraising $0$1,139,404
Part X · Balance sheet $1,236,043 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $106,124$269,582
X-2 Savings and temporary cash investmentsStart of year $197,140$264,951
X-4 Accounts receivableStart of year $402,569$416,511
X-10c Land, buildings and equipment, netStart of year $330,771$273,599
X-15 Other assetsStart of year $11,400$11,400
X-16 Total assetsStart of year $1,048,004$1,236,043
X-17 Accounts payable and accrued expensesStart of year $18,328$25,206
X-23 Secured mortgages and notes payableStart of year $43,366$40,798
X-24 Unsecured notes and loans payableStart of year $6,123$1,948
X-26 Total liabilitiesStart of year $67,817$67,952
X-27 Net assets without donor restrictionsStart of year $980,187$1,168,091
X-32 Total net assets or fund balancesStart of year $980,187$1,168,091
X-33 Total liabilities and net assetsStart of year $1,048,004$1,236,043
Part XI · Reconciliation of net assets $1,168,091 net assets at year end
XI-1 Total revenue$1,327,309
XI-2 Total expenses$1,139,404
XI-3 Revenue less expenses$187,905
XI-4 Net assets at start of year$980,187
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,168,091

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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